Stansberry Research, Released on 5/19/21
A Wednesday report from JPMorgan says that Institutional investors are dumping bitcoin in favor of gold, reversing a recent trend that’s played out over the last two quarters. The firm said large investors are shifting away from bitcoin after favoring the digital currency over gold beginning last Fall.
Our Daniela Cambone speaks with Todd “Bubba” Horwitz founder of bubbatrading.com and an avid market watcher, to get this thoughts on the move.
Todd Horwitz — known as Bubba — is chief market strategist of BubbaTrading.com. He is a regular contributor on Fox, CNBC, BNN, Kitco, and Bloomberg. He also hosts his daily podcast ‘The Bubba Show.’ He is a 36-year member of the Chicago exchanges and was one of the original market makers in the SPX.
Bubba Horwitz’s thoughts on the bitcoin crash and simultaneous gold rally added by Herman James on
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